Black Arrow's Prospero X-1 : BitcoinMining

Complete noob looking to go into Mining.

I live in South Africa and I'm looking to get into Bitcoin Mining. I have about $6000 to buy a machine and $500 for shipping, thought I doubt shipping will be $500.
I have been looking at machines lately and I've found the Black Arrow Prospero X-3, which roughly has a hashing speed of 2000 Ghash/second. The thing is I'm confused on how to calculate my profit for a year.
I know I have to calculate my power bill for the month and so forth and that Bitcoine/$ exchange and all that changes constantly. My friends suggested that I drop the idea because the Difficulty and the Time per Block will only increase and won't be profitable. Though I also have no idea what those are and why they are a factor in the process, I tried asking this said friend but he's just too much of an ass to explain anything properly to me.
So here's my problem. I have no idea how to find all those values or how to calculate all that information into my monthly revenue. Now I'm here asking what will be my expected profit for a year will be?, if there is to be any? or more importantly how do I calculate all that into a monthly or yearly revenue?
submitted by striderplus111 to BitcoinMining [link] [comments]

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See also: Non-specialized hardware comparison Below are statistics about the Bitcoin Mining performance of ASIC hardware and only includes specialized equipment that has been shipped.. GPUs, CPUs and other hardware not specifically designed for Bitcoin mining can be found in the Non-specialized_hardware_comparison.. Notes: r/BitcoinMining: The official bitcoin mining forum / subreddit / chat room / place to be! Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts . r/BitcoinMining. log in sign up. User account menu. 11. Black Arrow's Prospero X-1. Close. 11. Posted by. u/Synthesis2k2. 5 years ago. Archived. Black Arrow's Prospero X-1. Let me start off by saying that I'm ... Black Arrow announces delay for Prospero X-1, X-3 and Minion cloud mining orders (self.BitcoinMining) ... It is no secret to us that the Bitcoin mining process is proving to be more and more difficult every day. To compensate our loyal customer for the unforeseen delay of in delivering our miners for batch 1, we are happy to offer free extra hashing power which consists of 25% of your ... Jun 4, 2015 - Black Arrow Prospero X-3 ASIC Bitcoin BTC 1000 GH/s 1 TH/s Miner miners. Jun 4, 2015 - Black Arrow Prospero X-3 ASIC Bitcoin BTC 1000 GH/s 1 TH/s Miner miners. Stay safe and healthy. Please practice hand-washing and social distancing, and check out our resources for adapting to these times. Dismiss Visit.. ... Includes 1 x Minion ASIC capable of 100 Ghash/second (without overclocking) Easy to use web interface, out of the box functionality, silent, low power and compact design. Ethernet connectivity, web interface allows configuration and displays graphic reports of mining activity.

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Does Bitcoin REALLY Have Value? The TRUTH About Bitcoin's ...

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